Changes in Risk and the Demand for Coinsurance for Economically Important Individuals
學年 110
學期 1
出版（發表）日期 2021-09-30
作品名稱 Changes in Risk and the Demand for Coinsurance for Economically Important Individuals
作品名稱（其他語言） 風險轉換與經濟重要性個人之共同保險需求
著者 Tzu‑Ying Chen
單位
出版者
著錄名稱、卷期、頁數 Journal of Financial Studies 29(3), p.61-90
摘要 This paper provides the necessary and sufficient conditions such that economically important individuals, as suggested by Tsetlin et al. (2015), demand a higher coinsurance rate when they face a change in the underlying loss distribution. We further study this issue by classifying the changes in risk into: (1) an increase in the severity of loss, and (2) an increase in the probability of loss. Finally, we provide a numerical example to demonstrate the usefulness of the proposed approach.
關鍵字 stochastic dominance;almost stochastic dominance;demand for coinsurance
語言 en
ISSN 1022-2898
期刊性質 國內
收錄於 TSSCI
產學合作
通訊作者 Tzu‑Ying Chen
審稿制度 是
國別 TWN
公開徵稿
出版型式 ,電子版,紙本
相關連結

機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/121417 )

SDGS 良好健康和福祉